Inter-Organization Shared Services (IOS²)

Current market forces require hospitals and health systems to pursue all means of cost savings without compromising quality; a radical reduction in the total cost of care is required to effectively compete in the changing market.
Development of Inter-Organizational Shared Services is becoming a ‘go-to’ strategy for achieving strategic cost improvements with key partners.

Hospitals and health systems are collaborating with others in their growing Strategic Regional Organizations (SROs) and working together to pursue high value shared service opportunities that achieve strategic cost improvements producing savings of 20% or greater for all parties.”

Definition of Inter-Organization Shared Services Solution:

“A Separate Function Or Business Entity Formed And Controlled By Two Or More Sponsor Organizations With An Explicit Expectation To Produce Measurable Economic Value.”

TRG is providing, through its strategic partners, the following:

TRG can help any group of two or more organizations explore the possibility of developing shared services capabilities. These initiatives could involve collective efforts relating to a wide variety of issues:

Regional Laboratory Initiative

Cooperative Energy Management

Corporate Training and Education

Population Health Infrastructure

Scarce HR Resource Pooling

Insurance Captive

AP Audit

Hospitalist Company

What We Do

TRG has conducted significant original research in and out of the healthcare industry and has developed an extensive list of potential shared services two or more organizations can develop to achieve substantial savings.

We conduct exploratory work to identify opportunities and facilitate a dialogue among groups with respect to the broad range of inter-organization shared services available.

We can assist organizations in developing full business plans for the areas that are consistent with our skill sets and for those areas beyond our expertise we serve as the core resource for our clients to find appropriate resources and manage the development and implementation.

We conduct significant original research in and out of the healthcare industry and have developed an extensive list of potential shared services two or more organizations can develop to achieve substantial savings.